Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614625
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹7,00,000
EMD:₹70,000
Auction Time:02:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 11:30 AM
Bid Start Date:2025-12-04
Property Description
This is a residential flat located in Dhasai, Thane, Maharashtra. The property is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil). Situated in a developed area, this flat offers a potential residential opportunity. The borrower's name is SANTOSH CHANDRAKANT BHANUSHALI. Further details regarding the specific amenities, size, and exact location within Dhasai should be verified from the official auction documents.
State:Maharashtra
City:Thane
Area:Dhasai
Asset Category:Residential
Full Address:404, Hamrahi, Flat Premises No.404, Bldg No.81, A Wing, In the Building 'Hamrahi' In Sector 3, Karrm Residency, Village Dhasai, Taluka Shahpur, Dist Thane, Dhasai, Thane
Building/Society:Hamrahi
Size:452.24 Sq Ft Carpet
Auction Description
Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a residential flat in Dhasai, Thane, Maharashtra. The auction will commence on December 4, 2025, at 02:30 PM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 700,000, with an Earnest Money Deposit (EMD) of INR 70,000 required. Prospective bidders are advised to thoroughly review all auction terms and conditions, property-related documents, and conduct their own due diligence before participating.
Borrower Name:SANTOSH CHANDRAKANT BHANUSHALI
Auction Type:SARFAESI Auction
Guarantor Names:SHOBHA SANTOSH BHANUSHALI
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property offers a decent size flat at an affordable price in a developing area of Thane. While the location might not be prime, the relatively low reserve price and EMD make it a calculated risk for potential buyers. Further due diligence is advisable to assess the full potential of this bank auction property.
Contact Details
Branch:Branch Office : Dadar West, Mumbai
Service Provider:Public Auction
Contact Details:
Rama Chandra Sur
Contact no:8655270047
